LXI REIT plc (LSE:LXI) acquired Premier Inn hotel in Pitlochry from Whitbread Group PLC for £15.8 million on July 19, 2019. LXI REIT plc acquired Care home, Midlands, Waste management facility, Poole, PGL activity centre, Lancaster, Lidl foodstore forward funding, Greater Manchester and Cornwall. The combined purchase price for the acquisitions is £55 million. Acquisition is financed from the net proceeds of £200 million equity issue.

LXI REIT plc (LSE:LXI) completed the acquisition of Premier Inn hotel in Pitlochry from Whitbread Group PLC on July 19, 2019.